Do Edison International (EIX) beta value of 0.48 signposts another twist?

Edison International (EIX) is priced at $51.54 after the most recent trading session. At the very opening of the session, the stock price was $51.70 and reached a high price of $52.29, prior to closing the session it reached the value of $51.37. The stock touched a low price of $51.04.

Recently in News on August 28, 2020, Southern California Edison Announces Redemption of Cumulative Preferred Stock 4.32% Series, 4.08% Series, 4.24% Series, and 4.78% Series and Partial Redemption of SCE Trust II 5.10% Trust Preference Securities. Southern California Edison (SCE) announced today that it will redeem $120 million of its cumulative preferred stock consisting of all of the outstanding shares of the 4.32% Series, 4.08% Series, 4.24% Series, and the 4.78% Series (collectively, the “Preferred Stock”) and $180 million of the outstanding shares of its Series G Preference Stock, which will cause SCE Trust II to redeem $180 million of its outstanding 5.10% Trust Preference Securities (“Trust Preference Securities”). Upon redemption, SCE’s preferred equity layer will be in line with its CPUC-authorized level of 5%. The Redemption Date will be September 27, 2020, and the Redemption Prices and accrued and unpaid dividends per relevant security will be as follows:. You can read further details here

Edison International had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $78.93 on 02/11/20, with the lowest value was $43.63 for the same time period, recorded on 03/16/20.

Edison International (EIX) full year performance was -29.19%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Edison International shares are logging -34.70% during the 52-week period from high price, and 18.13% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $43.63 and $78.93.

The company’s shares, operating in the sector of Utilities managed to top a trading volume set approximately around 2518919 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Edison International (EIX) recorded performance in the market was -31.65%, having the revenues showcasing -14.58% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 19.75B, as it employees total of 12937 workers.

Analysts verdict on Edison International (EIX)

During the last month, 0 analysts gave the Edison International a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on, the moving average of the company in the 100-day period was set at 55.88, with a change in the price was noted -10.52. In a similar fashion, Edison International posted a movement of -16.95% for the period of last 100 days, recording 2,613,989 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for EIX is recording 1.46 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.35.

Edison International (EIX): Technical Analysis

Raw Stochastic average of Edison International in the period of last 50 days is set at 15.97%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 26.81%. In the last 20 days, the company’s Stochastic %K was 29.27% and its Stochastic %D was recorded 35.55%.

Let’s take a glance in the erstwhile performances of Edison International, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -31.65%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -13.73%, alongside a downfall of -29.19% for the period of the last 12 months. The shares increased approximately by -0.52% in the 7-day charts and went up by -5.00% in the period of the last 30 days. Common stock shares were lifted by -14.58% during last recorded quarter.